The Greater Grenada Partnership is cashing in on another economic development opportunity — one that will set the agency apart from its peers as the Grenada County-based agency looks to grow exponentially heading into the future.
The economic development agency announced this week the acquisition of the former Regions Bank building in the heart of the city’s business district, laying the groundwork for a major transformation that leaders say will fuel economic growth and opportunity across the region.
The 64,000-square-foot facility, set to be vacated by Regions Bank by September 2025, will undergo a complete renovation. Once unveiled, it will be known as “2000 Gateway,” a name that represents the city’s “forward momentum and strategic position” between Memphis, Tenn., and Jackson.
Artist Rendering | Lobby Entrance
Matthew Harrison, CEO, President and Executive Director of the Greater Grenada Partnership, Chamber and GGFED, said the significance of the acquisition goes far beyond a property transaction.
“This is more than just a real estate deal — this is about the future of Grenada,” he said. “We are investing in a central hub that will serve our growing business base, help train tomorrow’s workforce and give entrepreneurs and established companies alike a space to grow and thrive.”
The redesigned building aims to bring together the Greater Grenada Partnership, the Grenada Area Chamber of Commerce and the Grenada Tourism Commission under one roof. It will also offer workspace for workforce training, small business leasing, startup incubation and public and private event rentals.
Recent industrial expansion in Grenada has made the need for a business and development hub even more urgent. Harrison pointed to similar projects in other communities.
Artist Rendering | Training Room
“Other communities have established thriving spaces like this,” he explained. “Columbus has its Communiversity and larger metros have innovation districts. Grenada needs and deserves the same. This facility gives us a competitive edge, a place to showcase our assets, train our workforce and welcome new opportunities.”
Keith Mitchell, Chief Banking Officer of Guaranty Bank and Chairman of the Greater Grenada Foundation for Economic Development, said the investment is a timely move for Grenada’s economic outlook.
“This investment is a strategic and necessary step in positioning Grenada for long-term success,” Mitchell lauded. “‘2000 Gateway’ will serve as both a launchpad and a landing zone — a place where current industrial wins are supported and future wins are made possible. From workforce training to recruitment efforts, this facility helps us close the gap between opportunity and readiness.”
The renovated facility will feature up to 10 furnished suites and 30 private offices for lease; conference rooms, including a 250-seat atrium and an 80-seat training center; a hospitality welcome center and “an inviting” coffee shop or café tailored for meetings, students and business travelers.
Artist Rendering | Board Room
Harrison emphasized the broader vision for the agency.
“This is Grenada’s moment,” he concluded. “We have the momentum. We have the industry. And now we’re building the infrastructure that helps us sustain it — and win even more.”
About the GGP
Ten counties allied and linked in a dynamic family of communities, the Greater Grenada Partnership offers comprehensive strength not merely in impressive numbers — a resident workforce in excess of 250,000 — but also in a powerful depth of commitment. Working together, succeeding together, we are able to provide a wealth of assets and advantages to comprehensively answer your needs and all in a serenely sustainable environment.
